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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | V.RECO.WT | RCNWF

Energy Metals & Mining Oil & Gas E&P Industrial Metals & Minerals
Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The Company holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest Botswana over the Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (km2) (6.3 million acres) of oil and/or gas exploration properties comprising Blocks 1719, 1720, 1721, 1819, 1820 and 1821 situated in the Kavango Basin of northeast Namibia (the Namibia Licensed Property) and approximately 7,592 km2 (1.88 million acres) in Botswana (the Botswana Licensed Property). The two licenses together comprise over 32,933 km2 (8 million acres).


TSXV:RECO - Post by User

Reconnaissance Energy (Africa) Ltd > Don’t get on the wrong side of SEC
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Post by Oregonduckon Oct 17, 2022 4:10pm
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Post# 35029883

Don’t get on the wrong side of SEC

Don’t get on the wrong side of SEC

Prims Facie (typo)

Yes Pacer, I read the book "Bad Blood" on Elizabeth Holmes' fraud. She was once worth $4.5 billion pre-IPO based on numerous funding rounds and now zero. However, she subsequently married some rich young dude - heir to a hotel fortune and she gave birth to their "Rosemary Baby"  like the horror movie. Her husband's  family claimed he was brainwashed. Lol She could be sentenced to 20 yrs in jail.

i made the point that lies will get someone in serious trouble under securities law. I think Management is now keeping tight lip on any news release unless they are factual and not promotional. They could be liable for saying they found 1 billion gross barrels of flowing oil at the last well without providing real data such as flow test.

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